MGMT 301 Study Guide - Midterm Guide: Elton Mayo, Abraham Maslow, Queueing Theory
Document Summary
How to best achieve a goal accurately and effectively. Universal studio"s diagon alley (harry potter) example. The management process: goal planning, structure organizing, engagement leadership, metrics control. We will not engage in any improper academic or professional actions. Fortune 500 top 500 companies in u. s. by total revenue. Global 500 top 500 companies globally by total revenue. Business does not always need to be corporate. Management skills can be applied to any area. Customer business model create, deliver, capture value. Hybrid combination of both: amazon b2c/hybrid, apple b2c/hybrid, walmart b2c/hybrid, gm b2b/hybrid. You should want to be both a leader and a manager. Followership the ability to be able to follow. The shirtless dancing guy : easy to follow, movement must be public, momentum now we have movement, nurture your first few followers; no movement without the first follower, leadership is over glorified. Ceo reports to and is hired by board of directors (profit) or board of trustees (non-profit)
